Whole life insurance is life insurance that lasts until the insured person dies. The policy never changes, and the premiums do not increase with age or changes in health. Whole life insurance is sometimes seen as an inve... More »

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Term life insurance is temporary coverage with premiums that increase at predetermined intervals, while whole life insurance is permanent protection with level premiums and living benefits, such as cash-value accumulatio... More »

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Whole life insurance plans come with a guaranteed accumulation of cash value and unchanging premiums, whereas universal plans include customizable death benefits, savings and premiums. Whole life insurance offers protect... More »

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A life insurance beneficiary is a person or party named in a life insurance policy to get the death benefit, according to the Insurance Information Institute. Policyholders can designate one or more people as beneficiari... More »

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Types of life insurance policies include whole life, universal life, variable life and variable universal life. The various types of insurance come with different durations, structures, costs and variations. More »

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The terms and conditions of life insurance vary depending on the life insurance policy and the type of life insurance, according to HowStuffWorks. Life insurance is either term or permanent, and can be paid monthly, quar... More »

As of 2016, Assurant offers employer-paid and employee-paid term life and accidental death and dismemberment group life insurance plans, according to Assurant. Employers' plan choices cover groups of three or more employ... More »

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